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Canada inflation rate hits 13-month low

Annual price growth is now at its lowest level since January 2022 The annual pace of inflation in Canada cooled again in February, with a 5.2% year-over-year increase in the consumer price index meaning it is now at its lowest level since…

Market

Bank of Canada keeping options open but could be done on hikes: CIBC's Tal

The Bank of Canada finally hit pause on rate hikes in its latest announcement – and its language in the statement suggests its preference is to keep its benchmark rate unchanged for the remainder of the year, according to a prominent economist. Benjamin…

Market, News

Toronto home prices inch upwards in February

Sales remain low across the city's housing market Toronto’s home price index rose by 1.1% in February over the previous month but continued to plummet on a yearly basis, with sales volumes across the city also remaining subdued. The…

Market, News

Bank of Canada makes first rate hike of 2023

The Bank also gave a significant update on its plans for future rate announcements The Bank of Canada has announced a quarter-point hike to its benchmark policy rate, a move that marks its eighth consecutive rate increase and the first of…

Market

Average rent increased by 10.9% in 2022, report shows

Canadians faced an average annual rent increase of 10.9 per cent in 2022, with another five per cent increase forecast for 2023, according to year end data from Urbanation and Rentals.ca. Average monthly rent for December was…

Market, News

GTA Condo, Purpose-Built Rental Completions to See Record-Breaking Year

Just under 32,000 new condo units are slated for completion in the Greater Toronto Area (GTA) in 2023, according to real estate consulting firm Urbanation. Urbanation President Shaun Hildebrand tells STOREYS the figure may more realistically…

Market

How to protect yourself from real-estate title fraud

Recent news stories have highlighted the dangers of real-estate title fraud, which take place when fraudsters or scam artists steal ownership of a home in order to benefit from its value. Yesterday, CBC News reported on a Toronto family that…

Market

Average rent in Canada bounces back above $2,000 — $224 more than last year

After hovering just above and then just below the $2,000-a-month mark in September and October, the national average rent for all property types bounced back over the threshold in November, rising 2.5 per cent to $2,024, according to the latest…

News

National home sales rise in December

National home sales increased by 1.3% in December over the previous month, according to the Canadian Real Estate Association (CREA), although homebuying activity was down by more than 39% compared with the same time last year. The association’s…

Market, News

Record number of condos to flood Toronto market in 2023

A record number of new condo units will be completed in Toronto in 2023, just as skyrocketing mortgage rates make it harder for investors to close on their properties. Nearly 32,000 condos will hit the city and surrounding suburbs, according…

The Latest information in Pre-Construction Condos

Canada inflation rate hits 13-month low

Bank of Canada keeping options open but could be done on hikes: CIBC's Tal

Toronto home prices inch upwards in February

Bank of Canada makes first rate hike of 2023

Average rent increased by 10.9% in 2022, report shows

GTA Condo, Purpose-Built Rental Completions to See Record-Breaking Year

How to protect yourself from real-estate title fraud

Average rent in Canada bounces back above $2,000 — $224 more than last year

National home sales rise in December

Record number of condos to flood Toronto market in 2023

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The Latest information in Pre-Construction Condos

HOT PROJECTS

STAY UPDATED ON TORONTO CONDOS NEWS SUBSCRIBE TO OUR NEWSLETTER!

About us

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